Dedicated Improvements definition
Examples of Dedicated Improvements in a sentence
Upon acceptance of such deeds of dedication with respect to the Dedicated Improvements and final inspections with respect to the public improvements, Developer shall maintain all of the said improvements in good order and repair for a further period of eighteen (18) months and shall repair said improvements as the Township Engineer or Board of Supervisors may in good faith determine to be necessary by reason of inadequate, improper or defective construction, workmanship or materials.
Within six (6) months of the completion of all of the Dedicated Improvements and all of the structures to be constructed pursuant to the Plan, Developer shall cause its registered professional engineers to certify the Plan and supply "as built" plans to the Township for all streets, Township owned sewers, storm water management facilities, and all Dedicated Improvements.
Developer shall provide additional Financial Security, if necessary, in order that the posted Financial Security shall equal one hundred ten (110%) percent of the cost of completing the required Dedicated Improvements as reestablished at that time.
The Dedicated Improvements shall not be deemed to be completed until Township accepts by resolution the Certificate of Final Completion issued by the Township Engineer certifying that the Dedicated Improvements have been satisfactorily completed in accordance with the terms of this Agreement.
The list of Dedicated Improvements contained herein is not intended to encompass all of the Dedicated Improvements required or shown on the Plan.
In the event that the Dedicated Improvements are not completed by such date, or in the event that Developer is otherwise in default of this Agreement, then any undrawn funds remaining under the Financial Security shall, upon draw by Township, be paid to Township.
Provided, however, if the Township shall determine that curing such default shall require the Township to undertake completion of the Dedicated Improvements, the procedures and time limits of Paragraph 22 shall apply.
In completing said Dedicated Improvements, Township may, at its option, have such Dedicated Improvements completed by Developer or by independent contractors or by Township employees or by any combination of the foregoing, as Township may elect.
All workmanship and materials incorporated in the Dedicated Improvements shall be subject to inspection, examination, and testing at any time and at all times during the installation or construction and at any and all places where such installation or construction is carried on.
Upon such payment, such funds shall be used and applied by Township for the purposes of paying the cost of completing the Dedicated Improvements and for such other costs as are described herein.